Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 2.85 to 1.84 1.97 (12.87%) . .
Intermediate 2.65 to 1.84 1.97 (16.05%) . .
Short 2.48 to 1.84 1.97 (20.31%) . .